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Transcripts For CNBC Power Lunch 20160916

And welcome to power lunch. Im melissa lee. Were winding down what has been a very volatile week with losses across the board. The dow and s p 500 scratching out tiny gains on the week. For todays session, though, dow and s p down by half a percent. The nasdaq is a standout for the week, up 2 on pace for its best week in more than two months. Thats mainly thanks to apples 11 rally so far this week, pulling back a little bit down 1 right now. Were also tracking oil down about 2 at this hour. It is at a fiveweek low. Welcome, everybody. Im tyler mathisen. Here what else is happening. Iphone 7 hits the shelf. It is flying off of them. Ceo tim cook greeting elated customers, reports that some apple fans in hong kong have been buying the phones and then selling them for twice the price. Exxons accounting under investigation by new yorks attorney general. The wall street journal says the probe focuses on why exxon is the only oil firm not to write down the value of assets amid a price plunge ....

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SEBI, along with NSE and BSE, opens investor service centre in Madurai

SEBI, along with NSE and BSE, opens investor service centre in Madurai
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SEBI: ET Graphics: Gain from owning fractional assets

New regulatory guidelines notified earlier this year by market regulator Sebi allowing fractional ownership of real estate assets are set to bring in huge benefits for real estate investment trusts (REITs). Over Rs 4,000-crore existing assets under management are expected to be listed in the next two to three years. A detailed look: ....

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